Report: Missouri boasts three, top-20 startup cities
May 2, 2016 | Bobby Burch
Kansas City is a top-20 destination to start a business, according to a recent WalletHub report.
A study released Monday by the personal finance website ranked the City of Fountains as the No. 16 best city to launch a business.
WalletHub compared the relative startup opportunities in the 150 most populated U.S. cities., looking at metrics such as five-year survival rate, office-space affordability, educational attainment of the local labor force and more.
Kansas City, Mo., received high marks for its business startup costs, earning a No. 16 ranking. Show Me State neighbor St. Louis ranked as the No. 5 best city to start a business, while Springfield, Mo. earned a No. 8 ranking.
The ranking comes about a week after Overland Park was named No. 20 on WalletHub’s best cities for Hispanic entrepreneurs list. In February, WalletHub ranked Kansas City as the No. 7 best U.S. city for women-owned businesses.
Here are WalletHub’s top 10 best cities to start a business:
- Sioux Falls, SD
- Grand Rapids, MI
- Oklahoma City, OK
- Lincoln, NE
- St. Louis, MO
- Salt Lake City, UT
- Charlotte, NC
- Springfield, MO
- Tulsa, OK
- Amarillo, TX
Featured Business
2016 Startups to Watch
stats here
Related Posts on Startland News
Ruby Jean’s juices unity, entrepreneurism with Troost opening (Photos)
Chris Goode is helping change what Troost Avenue means to Kansas City, pastor Stanley Archie said Saturday morning at the grand opening of Ruby Jean’s Kitchen & Juicery. Troost has been a place of division, he said, noting years of racial segregation along the corridor where those with a “permanent tan” weren’t welcome west of…
The Jam KC offers space for musicians to get loud, turn up
In a small, Midtown Kansas City room brimming with musicians and their instruments, Allen Monroe peers over his 1963 Hammond B-3 organ at a handful of onlookers. A toothpick concealed by a thick grey mustache emerges as he smiles, preparing to deliver a gentle jab to the artists around him. “Remember, you don’t have to…
Video: Operation Breakthrough helping kiddos reach their full potential
Founded in 1971 by two nuns, Sister Corita Bussanmas and Sister Berta Sailer, Operation Breakthrough serves more than 450 children daily with a mission to provide a safe educational environment for children in poverty. The has adapted through the decades to meet the needs of Kansas City’s low-income community, Operation Breakthrough CEO Mary Esselman said. Implemented…
Coding at age 3? Operation Breakthrough connects STEM to program’s circuitry
Two small boys are standing on stools at a workbench, pretending to talk on outdated handset telephones. They might not yet know how the phones work, but they’re clearly familiar with how to take them apart. And they do. A few feet away, three children from low-income families are on iPads beginning a new lesson.…